Our Gender Pay Gap Report 2017

From 2017 onwards, all UK organisations with over 250 employees are now required to publicly report on their Gender Pay and Bonus Gaps, as stipulated by the Equality Act 2010. Our data was collected on 5th April 2017, when our workforce consisted of 95 women and 187 men.

Women’s earning are:

Mean gender pay gap in hourly pay

9.5% lower

Median gender pay gap in hourly pay

6.7% higher

Difference in mean bonus payments

52% lower*

Difference in median bonus payments

69% lower*

*The difference in bonus payments is driven by a higher percentage of males on our board.

What proportion of colleagues received a bonus payment?

Number and proportion of men and women in each pay quartile

Lower

Lower middle

Upper middle

Upper

Totals

Female

26

19

19

31

95

37%

27%

27%

44%

34%

Male

45

52

51

39

187

63%

73%

73%

56%

66%

Totals

71

71

52

70

282

Taking Action

Recruitment

Diversity is incredibly important to Galaxy Optical and we continue to explore how we can attract more women into our organisation to create a more even gender balance. However, as an equal opportunities employer, we firmly believe in appointing the best candidate into the role, regardless of the gender or other factors covered by the Equality Act.

Declaration

I confirm that our data has been calculated according to the requirements of the Equality Act 2010 (Gender Pay Gap Information)Regulations 2017.